The Hiring Hare Will Soon Morph Into a Tortoise
Hiring looks like a rabbit, but expect job growth to shift into a slower pace soon.
Geithner Defends Dodd-Frank, Pledges Housing Moves
Treasury Secretary Geithner defended the Dodd-Frank financial-overhaul law against mounting attacks, the latest in a series of moves by the Obama administration to push ahead with its signature Wall Street overhaul.
Race and Housing
Via Richard Green: Good news and bad news on race and housing, Richard Green: Ed Glaeser and Jake Vigdor find that all-white neighborhoods are a thing of the past. They find: The most standard segregation measure shows that American cities...
A Look at Case-Shiller by Metro Area
S&P/Case-Shiller home-price data moved lower in November on both a monthly and annual basis.
Secondary Sources: Austerity, Freddie Bets Against Homeowners, Fed
A roundup of economic news from around the Web.
Number of the Week: Dismal New Home Sales in 2011
New home sales in 2011 hit their lowest level on record, but it's difficult to express just how bad that is.
Fed’s Dudley: Policy Actions Essential for Recovery
Policy actions in housing, fiscal policy and structural adjustment of the U.S. economy are essential to achieve economic recovery, which remains sluggish by historical standards, said a top Federal Reserve official Friday.
Economists vs. Americans
The Financial Trust Index has been tracking public sentiment toward the financial system for more than three years. And sentiment isn't good.
Housing Help Will Run Up Against Lending Standards
Both monetary and fiscal policymakers share one mutual problem: housing's drag on the economy.
Vital Signs: Pending Home Sales
The National Association of Realtors’ index of pending home sales, which tracks sales of previously owned homes based on contract signings, fell a seasonally adjusted 3.5% in December from the previous month.
Vital Signs: Rising Rents
Rents for primary residences rose 2.5% year-over-year in December, according to the government’s consumer-price index.
"The Ongoing Debt Transformation"
Via Paul Krugman: The Ongoing Debt Transformation, by Paul Krugman: A follow-up on my note about US deleveraging. It turns out that if you measure debt as a percentage of potential GDP (as estimated by the CBO) and use a...
